Denver Chinese School

Analysis

Denver Chinese School is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Denver Chinese School reported income of $102k and spending of $71k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $212k to $102k (-52%), an average of -17% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denver Chinese School sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Colorful Creatives ($102k), Community Concerts of the Grand Valley Inc ($102k) and Duluth Makerspace ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $401k against liabilities of $5,355, net assets of $395k.